NYMEX Natural Gas Futures Contract Prompt month Nov23 settlement +US$0.039/MMBtu at $3.010, low of $2.954, high of $3.031, traded range of $0.077. Winter 23 +$0.049 at $3.368, Summer 24 +$0.031 at $3.278.
Market Fundamentals The November contracted managed to edge above the $3 psychological barrier today but hovered around that mark for the majority of the day without further upside. Prices continue to be fueled by the first subfreezing cold shot of the season coming in this weekend both throughout northern and central U.S. and Eastern Canada.